Canadian Retail News From Around The Web: June 22, 2017
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Our Article of the Day:
Mark McEwan Grocery Store to Anchor Yonge-Bloor Transformation [Feature]
The iconic intersection is seeing substantial changes, and McEwan will serve the thousands of new residents moving into the area.
Top Stories - National:
UPDATE: Sears Canada is closing 59 stores and cutting 2,900 jobs in restructuring plan (Financial Post)
-Sears Canada scrambles as creditor protection filing looms (Marina Strauss, Globe & Mail)
-'No happy ending to this really crappy movie': Former Sears Canada CEO (BNN) and Sears Canada shares plunge on report that it's preparing to seek court protection (Financial Post)
-HBC needs to revamp real estate to avoid Sears' fate: Activist investor (BNN)
-CDs Spinning Big Sales Numbers For Sunrise Records Chain (FYI Music News)
-New federal healthy eating strategy may lead to warning symbols on your cheese (CBC)
-Inclusive trade should be a top priority for Canadian negotiators (Globe & Mail)
-Don’t Expect Amazon.com, Inc. to Put a Lift Under Lululemon Athletica Inc.’s Share Price (Investing: Motley)
With stores in Canada: Sycamore Partners in advanced talks to buy Staples, with deal potentially topping $6 billion seen next week (CNBC)
*Available only to paid WWD subscribers: Aldo Emphasizes DNA in Updated Strategies (WWD)
Canadian News - Regional:
Central Canada: ON/QC/Maritimes
-Vacant Target at Oshawa’s Five Points Mall to become Dymon self-storage facility (DurhamRegion.com)
-Calling in the roadies: Steve's Music Store in Montreal forced to relocate (Montreal Gazette)
-Agincourt Mall Redevelopment Advances With OPA Submission (Urban Toronto)
-'One of a kind' Indigenous gift shop aims to fund violence prevention and healing programs (London: CBC)
-Scarborough cashier course helps newcomer women get into workforce (Inside Toronto)
-LCBO to extend hours ahead of Canada Day, possible strike (CTV)
Western Canada: BC/AB/SK/MB
-TransLink seeks retailers to ramp up revenue (Business in Vancouver)
-Vancouver commercial investment increases 32 per cent over last quarter (Western Investor)
-Coun. Heather Deal seeks bylaw change to prohibit sale of cats, dogs, and rabbits in pet stores (Vancouver: Straight.com)
-Local store receives recognition from national retailer (Lloydminster Meridian Booster)
-Storm damages shopping mall in central Alberta (National Post)
-Kicking Horse Coffee wants to grow far beyond BC (CBC)
-East Hastings London Drugs redevelopment will include rental units (Vancouver Courier)
Our Previous Articles:
-Vistaprint Opens 1st Global Brick and Mortar Retail Space, in Canada
-Ladurée to Open 1st Toronto Location
-ALEX AND ANI Launches National Retail Expansion
-Holt Renfrew Unveils Luxurious 2-Level VIP Suites in Vancouver [Photos]
-Drake Commissary Debuts in Junction Triangle [Photos]
-Mall Profile: Bayview Village Shopping Centre [Feature/Photos]
-Van Cleef & Arpels Opens 1st Freestanding Canadian Boutique
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